Template-Type: ReDIF-Paper 1.0
Author-Name: María T. Verónica Culós
Author-Name-First: María T. Verónica
Author-Name-Last: Culós
Author-Name: María Florencia Gabrielli
Author-Name-First: María Florencia
Author-Name-Last: Gabrielli
Author-Name: Marcos Herrera Gómez
Author-Name-First: Marcos
Author-Name-Last: Herrera Gómez
Title: Market power in the Argentine  liquid fuels wholesale chain.
Abstract: The liquid fuels market in Argentina is characterized by a high level of concentration, especially in local geographic areas. This paper studies the demand of the liquid fuels wholesale chain in Argentina, using the discrete choice approach, based on the premise that different firms offer differentiated goods, by virtue of the intrinsic characteristics of the good, and that such differentiation gives them the power to set prices above marginal production costs. The difference between prices and marginal costs determines the firms market power. Using a novel dataset, we provide new empirical evidence that quantifies market power across firms and regions.
Length:  37 pages
Creation-Date:  2022-11
File-URL: https://aaep.org.ar/works/works2022/4554.pdf
File-Format: Application/pdf
Number: 4554
Classification-JEL: C52, L13
Handle: RePEc:aep:anales:4554